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Drift Protocol Secures $148M Funding from Tether, Shifts to USDT After $270M Exploit
Breaking Newscrypto🔴 Score 9AI Generated

Drift Protocol Secures $148M Funding from Tether, Shifts to USDT After $270M Exploit

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

Drift Protocol has received $148 million in funding from Tether and partners to recover over $270 million in user funds lost in a recent exploit. The protocol is also transitioning from Circle's stablecoin to USDT, marking a significant strategic shift.

DeFiExploitTetherStablecoinsSolanaCrypto SecurityRecovery Fund

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